The post XRP News Today: Evernorth Raises $1B to Build World’s Largest XRP Treasury appeared first on Coinpedia Fintech News
Evernorth Holdings, a newly formed Nevada-based crypto firm backed by Ripple Labs, has announced it raised over $1 billion to buy XRP on the open market within 10 days. This means Ripple and Larsen’s 350 million XRP holdings remain separate from this purchase. This $1Billion fund is being described as a “starter kit” for institutional …